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DateLine Monday, 15 September 2008

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EXCHANGE RATES ON 05.09.2008 IN SLRS

Average Rates at which the following currencies were quoted by
Commercial Banks in Colombo for telegraphic transfers at 9.30 A.M.

Currency

Buying (Rs.)

Selling (Rs.)

US Dollar  107.20 108.39
Sterling Pound 187.94 190.88
Euro 152.55 155.28
Swiss Franc 96.04 97.92
Canadian Dollar 99.95 101.98
Australian Dollar 87.29 89.23
Singapore Dollar 74.38 75.75
Japanese Yen 1.00 1.02

The Approximate Exchange Rates of GULF Currencies based on
previous day's Market Weighted Average Rate for the Us$ are as follow.

Country

Currency

Indicative Rate(RS.)
Bahrain Dinar 285.85
Kuwait  Dinar 402.21
Oman Rial 280.00
Qatar Riyal 29.60
Saudi Arabian Riyal 28.74
UAE Dirham 29.34

The  Average Weighted Prime Lending Rates (AWPLR) & the Lowest Prime Rate (LPR)
during the week ended 29th August, 2008 by all commercial banks were 18.75 percent and 14.50 per cent respectively.
The Average Weighted Deposit Rate (AWDR) of the Commercial banks for the month of August, 2008 was 10.91 percent.

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